Bermuda Custodial Wallet – Compliant Development
Launch a custodial wallet in Bermuda with compliance controls mapped to BMA and DABA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Bermuda · Custodial Wallet
Bermuda's DABA licenses digital asset business activities including exchange and custody.
| Jurisdiction | Bermuda |
|---|---|
| Regulator | BMA |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- KYC/AML compliance workflows integrated into the wallet
- Secure multi-signature storage solutions
- Real-time transaction monitoring and alerts
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What are the key compliance requirements for a custodial wallet?
- Key requirements include KYC/AML compliance, secure storage solutions, and transaction monitoring.
- How does the software ensure user data protection?
- The software incorporates encryption and secure access protocols to protect user data.
- Can I integrate additional features into the custodial wallet?
- Yes, additional features can be integrated based on your business needs and regulatory requirements.